By Ashley Reyes
The “SEMA State of the Industry Spring 2022” study released earlier this year reported positive growth for the automotive specialty-equipment industry, with most companies having grown during the past year. However, 90% of the industry had concerns about supply-chain issues and many companies struggled to fill open positions due to a shortage of qualified candidates to hire.
Find out if these concerns remain and how the industry has performed in the past six months in SEMA’s upcoming market research, “SEMA State of the Industry Fall 2022.” Available for free download on October 13, the report is part of a series of studies conducted since the pandemic hit in 2020. The studies take a deep dive into how automotive specialty-equipment businesses are doing since COVID-19 hit, how new- and used-vehicles sales are doing and provide an outlook for the industry’s future. Issues such as supply-chain, production shortages and consumer spending are included.
The new Fall 2022 report will be available for download on October 13, and discussed in-depth during the SEMA Show seminar, “State of the Specialty-Equipment Industry: Trends and Directions,” Tuesday, November 1, at 11:00 a.m., in room N254 of the Las Vegas Convention Center. SEMA Showgoers can sign up for the free seminar at www.SEMAShow.com.
All members are invited to download previous “State of the Industry” reports at www.sema.org/research and mark their calendars to visit the site to download the new report on October 13.